Suppose the marginal propensity to consume is 080 and taxes
Suppose the marginal propensity to consume is 0,80 and taxes are raised by $50 billion. What will be the impact on equilibrium income? (from a Keynesian position).
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suppose the marginal propensity to consume is 080 and taxes are raised by 50 billion what will be the impact on
most macroeconomists believe it is a good thing that taxes act as automatic stabilizers and lower the size of the
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